NOT LISTED FOR SALE

42 Prospect St Newport, VT 05855

Estimated Value: $224,000 - $288,310

5 Beds
4.5 Baths
2,537 Sq Ft
$105/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $227,000 $89 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,755/month

94 Days on Market

Highlights

  • Cape Cod Architecture
  • High Speed Internet
  • 4-minute walk to Newport Parks & Recreation
  • Baseboard Heating
  • Level Lot

About This Home

As of October 2022

PRICE REDUCTION...Classic Newport home with attached in-law suite, both units are vacant.. This classic home has been rehabbed and includes new kitchen and bathrooms, freshly painted open-concept living and dining area, lovely finished flooring. Bright and spacious, the home has lots of natural light. Large deck off kitchen area, nice level lot with shade trees, plenty of off street parking. Both units are currently vacant. The studio has been freshly painted. Great income potential on these units as there is an extreme rental shortage in the area. easy to show

Last Agent to Sell the Property

Lee Fitzgerald-Pierce

Century 21 Farm & Forest License #082.0126262 Listed on: 05/15/2022

Century 21 Farm & Forest

Last Buyer's Agent

Ryan Pronto

Jim Campbell Real Estate License #081.0063392

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1880

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Property is zoned mixed

Parking

  • Gravel Driveway

Home Design

  • Cape Cod Architecture
  • Colonial Architecture
  • Stone Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Clap Board Siding

Interior Spaces

  • 2,537 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Schools

  • Newport City Elementary School
  • North Country Junior High
  • North Country Union High Sch

Utilities

  • Baseboard Heating
  • Heating System Uses Oil
  • Electric Water Heater
  • High Speed Internet

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,780

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Cape, Colonial
  • Directions: Corner of Main & Second Streets take Second St to Prospect St, home is on the right.
  • Flood Zone: Unknown
  • Construction: Existing
  • Total Stories: 2
  • Price Per Sq Ft: 89.48
  • Property Class: Residential
  • Property Type: Single Family
  • Year Built: 1880
  • Remarks Public: PRICE REDUCTION...Classic Newport home with attached in-law suite, both units are vacant.. This classic home has been rehabbed and includes new kitchen and bathrooms, freshly painted open-concept living and dining area, lovely finished flooring. Bright and spacious, the home has lots of natural light. Large deck off kitchen area, nice level lot with shade trees, plenty of off street parking. Both units are currently vacant. The studio has been freshly painted. Great income potential on these units as there is an extreme rental shortage in the area. easy to show
  • List Agent: 22552
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5
  • Half Bathrooms: 1
  • Full Bathrooms: 4
  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Full
  • Sq Ft - Apx Finished AG: 2537
  • Sq Ft - Apx Total: 2537
  • Sq Ft - Apx Total Finished: 2537

Exterior Features

  • Construction: Wood Frame
  • Driveway: Gravel
  • Exterior: Clapboard
  • Foundation: Granite
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle - Architectural
  • Easements: Unknown

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Heating Fuel: Oil
  • Heating: Baseboard
  • Utilities: High Speed Intrnt -Avail

Fee Information

  • Tax Class: Non-Homestead

Schools

  • School District: North Country Supervisory Union
  • Elementary School: Newport City Elementary
  • Middle School: North Country Junior High
  • High School: North Country Union High Sch
  • Elementary School: Newport City Elementary
  • High School: North Country Union High Sch

Lot Info

  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: City Lot, Level
  • Surveyed: Unknown
  • Zoning: mixed
  • Deed Book: 257
  • Deed Page: 137
  • Deed Recorded Type: Warranty

Tax Info

  • Tax Gross Amount: 3779.58
  • Tax Year: 2022

MLS Schools

  • School District: North Country Supervisory Union
  • School Middle Jr: North Country Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2022
Closed on
Oct 7, 2022
Sold by
Placy Greg E and Placy Tami L
Bought by
Mccarthy Sean E
Seller's Agent
Lee Fitzgerald-Pierce
Century 21 Farm & Forest
Buyer's Agent
Ryan Pronto
Jim Campbell Real Estate
List Price
$239,000
Sold Price
$227,000
Premium/Discount to List
-$12,000
-5.02%
Views
1
Current Estimated Value
$265,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,328
Avg. Annual Appreciation
6.37%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mccarthy Sean E $227,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $227,000 +3.7% $89 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $219,000 -8.4% $86 / Sq Ft
07/08/2022 07/08/22 For Sale $239,000 0.0% $94 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/15/2022 05/15/22 For Sale $239,000 +53.2% $94 / Sq Ft
03/17/2021 03/17/21 Sold $156,000 -5.4% $61 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $164,900 -- $65 / Sq Ft
Source: PrimeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,702 $124,100 $18,300 $105,800
2023 $3,702 $124,100 $18,300 $105,800
2022 $3,702 $124,100 $18,300 $105,800
2021 $3,780 $124,100 $18,300 $105,800
2020 $3,758 $124,100 $18,300 $105,800
2019 $3,652 $124,100 $18,300 $105,800
2018 $3,587 $124,100 $18,300 $105,800
2016 $2,542 $84,700 $13,300 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4910055

PrimeMLS

APN: 435-136-15380